Indian Rupee: Higher Oil prices keep pressure – Commerzbank
Commerzbank strategists note that USD/INR climbed to a new record high as elevated global Oil prices and firm domestic Dollar demand from importers weigh on the Indian currency.

Commerzbank strategists note that USD/INR climbed to a new record high as elevated global Oil prices and firm domestic Dollar demand from importers weigh on the Indian currency. They highlight that Reserve Bank of India's (RBI) recent loosening of speculative FX curbs has renewed pressure on INR, while potential government emergency measures and Oil dynamics remain key for the pair in coming months.

Record high as Oil stays elevated

"In FX, USD-INR rose 0.3% to 95.63 yesterday, closing at a new record high."

"This was driven by firm domestic dollar demand from importers as global oil prices remained elevated due to the conflict in the Middle East."

"RBI’s decision in late April to loosen curbs on speculative FX positions has led to renewed pressure on INR."

"There are reports that the government is weighing possible emergency measures to curb non-essential imports and reduce outflows to support the INR."

"For now, elevated oil prices remain the key factor for INR."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Lebih sejuta pengguna bergantung pada FXStreet untuk data pasaran masa nyata, alat carta, pandangan pakar dan berita Forex. Kalendar ekonomi yang komprehensif dan webinar pendidikan mereka membantu pedagang kekal bermaklumat dan membuat keputusan yang dikira. FXStreet disokong oleh pasukan kira-kira 60 profesional di ibu pejabat Barcelona dan pelbagai wilayah global.
Baca Lagi

SEBUT HARGA LANGSUNG

Nama / Simbol
Carta
% Perubahan / Harga
XBRUSD
Perubahan 1 hari
+0%
0
XTIUSD
Perubahan 1 hari
+0%
0
XPTUSD
Perubahan 1 hari
+0%
0

SEMUA TENTANG ENERGIES

Terokai Lebih Banyak Alat
Akademi Perdagangan
Layari pelbagai artikel pendidikan yang merangkumi strategi perdagangan, wawasan pasaran, dan asas kewangan, semuanya di satu tempat.
Ketahui Lebih Lanjut
Kursus
Terokai kursus perdagangan berstruktur yang direka untuk menyokong pertumbuhan anda di setiap peringkat perjalanan perdagangan anda.
Ketahui Lebih Lanjut
Webinar
Sertai webinar langsung dan atas permintaan untuk mendapatkan wawasan pasaran masa nyata dan strategi perdagangan daripada pakar industri.
Ketahui Lebih Lanjut